Annual levy of US $ 2000 charged from Port City businesses

The Colombo Port City Economic Commission has decided to charge an annual levy of US $ 2000 for businesses operating at the Colombo Port City.

A special gazette declaration signed by President Ranil Wickremesinghe in his capacity as the Minister of Finance, Economic Stabilisation and National Policy has been issued regarding the issuance of licences for operating businesses at the Port City, and these licences will be issued after careful assessment of the applications submitted for business operations expected on the grounds.

The investors are also expected act in compliance with the regulations by the Central Bank of Sri Lanka (CBSL), the Colombo Port City Economic Commission stated.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Former SriLankan Airlines CEO Kapila Chandrasena Found Dead Amid Airbus Bribery Probe

Former SriLankan Airlines Chief Executive Officer Kapila Chandrasena was...

UN Health Agency Says Cruise Ship Hantavirus Outbreak Is Not a Pandemic Threat

By: Puli May 8, LNW (Colombo): The United Nations health...

Billionaire Alliance Reshapes Sri Lanka’s Powerful Domestic Gas Monopoly

A dramatic corporate alliance between billionaire investor Dhammika Perera...

India’s Expanding Investment Footprint Reshapes Sri Lanka’s Economic Future

Sri Lanka is intensifying efforts to deepen economic cooperation...